Argentina bears watching as it is a leftist government run by Peronist party President Cristina Kirchner.

Argentina's new president on rebuilding his country

from CBS News 60 Minutes,

In a matter of months, Argentine President Mauricio Macri has made a U-turn in his country's foreign policy, seeking closer ties with the West.

There's a lot in the news about a wealthy businessman-turned-presidential candidate with a five-letter last name. But the one we're going to tell you about tonight already won his election and his last name isn't Trump; it's Macri. He is the new president of Argentina, a surprise, come-from-behind victor who has the eyes of the region and the world on him as he tries to pull his country -- the second largest in Latin America -- out of a morass of debt, inflation, and international isolation. This week, President Obama will be the first U.S. president in more than a decade to visit Argentina, a sign that the U.S. government has high hopes for Mauricio Macri and his promises to turn his country around.

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